Contractors Information Bureau, Inc., (CIB) - Montana, was established in June 2006 in Flathead County, city of Kalispell, MT. CIB is best described as the collective conscience of the construction industry. CIB Montana was formed in response to the growing need and major Information-Technology issues facing the construction industry for easily accessible, accurate, and reliable reference information on construction trade contractors. The individual and collective needs of the construction industry: is information driven.
Montana’s exploding housing market has attracted 5,000 new builders of unskilled levels since 2002, as the industry scrambled to meet the states demand for home construction and remodeling projects. Consumers purchasing contractor services have been at a disadvantage when selecting contractors. Unreliable reference checks, no state required bond amounts. Privacy laws that protect contractors insurance policy information. Montana Attorney-General DOJ consumer protection agency not enforced by law to pursue or process construction complaints or claims. Consumer mis-information and contractor fraud have had their toll on consumer investments, attitudes and frustration. When wronged homeowners seek justice, they often discover they are on their own.
Market Value:
The Montana Construction industry market grew by 12% in 2006 to reach a Value of $1.84 billion. Increasing $200 million every year since 2000.
Market Segmentation:
Residential is the largest sector of the Montana Construction market, Representing 45.0% of the market in value terms.
It’s not what CIB is, it’s what CIB does. CIB assist Consumers, Contractors, Professionals and Government in the Information-Technologies business development, integration and automation research needs of the construction industry. CIB database services display viewer specific construction trades firms, industry professionals, and governement spending departments current & historical project references, company personnel, awards, certificates, community service projects, employee benefits, insurance, workers’ comp, current employee/employer occupational license, labor complaints, safety violations and company/indivudual summaries in digital, media, virtual reality tours, broadcasting, and software formats.
CIB saves consumers, contractors, professionals, and government time and money, by providing immediate access to construction contractor trades information. All in one easy to use, access friendly Reference Line location. The CIB discovered that purchasing strategy is becoming more dependent on information processing technology.
The construction industry is not using information-technologies effectively to integrate its design, construction, and operational processes. Inadequate interoperability increases the cost burden of construction industry stakeholders and results in missed opportunities that could create significant benefits for the construction industry and the public at large. Interoperability is defined as the ability to communicate product data across different construction-related activities throughout the facility life cycle. CIB Montana’s key function is its construction industry Information-Technology leadership reprensentative role and database - broadcasting platform for greater visibility and industry exposure.
CIB is a central reference point for construction contractor trades information, and a missing element in the construction industry. CIB is not a government agency or referral service. CIB is a network of trusted professionals, Enhancing the construction industry Image and dignity in Montana. “Dignity is what every firm should have, integrity is what they produce. ”CIB verifies industry firms, and individual businesses process management functions and integration/automation technologies integrity. “In an effort to hold the construction industry ACCOUNTABLE TO THE HIGHEST OF STANDARDS.”
An estimated $15.8 billion (Nationally) as the annual cost burden due to inadequate interoperability in the capital facilities segment of the U.S. construction industry. $6.7 billion of the total was due to inefficiencies in the design and construction phases of the project delivery process. These findings will help CIB and key industry stakeholders Overstand how increased use of best practices and integration and automation technologies impacts the bottom line. CIB database services will become the collective standard and industry practice in demonstrating care and consideration to the Montana construction community, the environment and workforce collectively.
Market Forecast:
In 2007 the Montana Construction market is forecast to reach a value of $2.22 billion, an increase of 21.9% since 2006.
Montana Regional Top 10 County Areas:
CIB target markets with new homes built annually, contractor census population, & Profile Reports sold are: Gallatin County, Yellowstone County, Flathead County, Missoula County, Cascade County, Lewis/Clark County, Ravalli County, Lake County, Silver Bow County, Fergus County.
Top 10 Cities in Montana:
These cities have the most construction contractor trades, building permits issued, electrical permits issued, and over all construction activities in their county. Billings, Bozeman, Kalispell, Missoula, Helena, Belgrade, Great Falls, Whitefish, Butte, Hamilton, and Columbia Falls.
SOURCE: EXECUTIVE SUMMARY CONTRACTORS INFORMATION BUREAU, INC. COPYRIGHT 2008 |
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